Middle East war wipes off over ₹30 lakh crore in investor wealth

Escalating hostilities in Middle East have triggered a sharp sell-off in Indian equities, erasing nearly ₹31 lakh crore in investor wealth since the fresh round of conflict involving US, Israel and Iran began on February 28, reported NDTV. Indian benchmark indices have fallen steadily amid surging crude oil prices, foreign fund outflows and fears of broader economic fallout for India.